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Stock Prices

JBDI

JBDI shares experienced a trading halt due to a circuit breaker being triggered on the upside, indicating a significant upward movement in the stock price.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 2:22 pm

JBDI

JBDI Holdings has launched its IPO, with shares opening for trade at $5 each. The IPO was priced at $5 per share, with a total of 2.25 million shares available.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 2:21 pm

IYG

V

XLF

Visa Inc. shares are trading slightly higher following the launch of its Money Movement Advisory Practice in the U.S. and Canada. This service aims to help clients navigate the money movement industry, addressing the demand for seamless payments. Visa's solutions connect clients to numerous endpoints globally, enhancing the financial ecosystem.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 2:10 pm

JBDI

The trading halt for an IPO security has been updated, and the security is now released for quotation as of 10:10:00 AM ET.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 2:10 pm

IBKR

Interactive Brokers (NASDAQ:IBKR) has launched access to trade stocks on Bursa Malaysia, allowing clients to trade Malaysian Ringgit denominated equities and ETFs alongside global assets from a single platform. The platform includes automatic FX conversion for seamless trading.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 2:02 pm

ASTS

Investors have shown unusual options activity for AST SpaceMobile (NASDAQ:ASTS), with a significant bearish sentiment. The options trades include 3 puts and 15 calls, with a total trade amount of over $1.3 million. Analysts have mixed ratings on ASTS, with price targets ranging from $26 to $45.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 2:02 pm

NKE

Recent unusual options activity on Nike (NYSE:NKE) shows a predominantly bearish sentiment among high-rolling investors, with 77% of trades being bearish. This suggests potential insider information and a predicted price range of $50 to $85. Analysts have mixed ratings, with a recent downgrade to Neutral and an upgrade to Buy.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 2:01 pm

SQ

In the past three months, 12 analysts have provided ratings for Block (NYSE:SQ), showing a range of opinions from bullish to bearish. The average 12-month price target is $87, with a high of $100 and a low of $55. Analysts have lowered the average price target by 5.34%. Recent actions include both downgrades and upgrades, reflecting mixed sentiment. Block's financial performance shows revenue growth but challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 2:01 pm

MP

Analysts have provided mixed ratings for MP Materials (NYSE:MP) over the past three months, with a recent average price target of $18.88, down 8.22% from the previous average. The company's financial metrics show challenges, including a significant revenue decline and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 2:01 pm

DBI

Analysts have recently evaluated Designer Brands (NYSE:DBI), with all four analysts rating it as 'Indifferent'. The average 12-month price target has decreased by 4.65% to $10.25. Analysts have adjusted their ratings and price targets, reflecting a cautious outlook on the company's performance. Designer Brands faces challenges with below-industry-average net margin, ROE, and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 2:00 pm